Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
Houston Hits EV Milestone Despite Supply Chain Issues
The Texas city currently has 333 hybrid-electric vehicles and 88 battery-electric vehicles, with additional battery-electric pickups, hybrid-electric pickups, and hybrid-electric SUVs deliveries expected before the end of the calendar year.